| LQD latest price $111.0500 (-0.7%) ($110.9700 - $111.6700) on Mon. Jul. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.75% (three month average) |
RSI | 67 |
Latest Price | $111.0500(-0.7%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LQD advances 0.1% a day on average for past five trading days. |
Weekly Trend | LQD advances 0.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LQD advance at 0% a week (0% probability) PCY(81%) HYG(74%) JNK(74%) EMHY(73%) SHY(64%) |
Factors Impacting LQD price | LQD will decline at least -0.375% in a week (0% probabilities). TBT(-31%) UUP(-27%) VIXM(-23%) VXX(-6%) EDOC(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.375% (StdDev 0.75%) |
Hourly BBV | -0.3 () |
Intraday Trend | -0.5% |
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